EUR/USD: consolidation with bearish bias – AceTrader

Monday’s fall in the EUR/USD suggests price action favours consolidation with a downside bias, but only below 1.0867 will trigger further declines, according to the Research Team at AceTrader.
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RBA holds interest rates at 2%, retains dovish bias

The Reserve Bank of Australia, as widely expected by Economists surveyed by Bloomberg, left interest rates unchanged at 2%, while keeping the doors open for further easing should conditions warrant to do so.
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